Revenue |
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Revenue | Note 2 – Revenue
Disaggregation of Revenue
The Company recognizes revenue classified in services and other either at a point in time or over time. Revenue by point in time and over time was as follows (in thousands):
The deferred revenue balance represents payments received for performance obligations not yet satisfied. The following table shows the changes in deferred revenue during the six months ended June 30, 2026, and 2025 respectively (in thousands):
Revenue recognized during the six months ended June 30, 2026 that was included in deferred revenue as of December 31, 2025 was $476. Revenue recognized during the six months ended June 30, 2025 that was included in deferred revenue as of December 31, 2024 was $587.
Revenue allocated to remaining performance obligations that are unsatisfied (or partially unsatisfied), which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods, will be recognized within one year or less.
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